Prosecutors Tell NY Court They Didn’t Renege on FTX Exec Ryan Salame’s Plea Deal

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Prosecutors Tell NY Court They Didn’t Renege on FTX Exec Ryan Salame’s Plea Deal
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Cheyenne Ligon is a CoinDesk news reporter with a focus on crypto regulation and policy. She has no significant crypto holdings.

Federal prosecutors have fired back against Ryan Salame’s allegations that they reneged on agreements made in the former FTX executive’s plea deal – namely, that they would cease criminal investigations into Michelle Bond, Salame’s longtime partner and the mother of his child.

In a scathing 32-page memorandum filed Thursday, prosecutors urged U.S. District Court Judge Lewis Kaplan of the Southern District of New York to reject Salame’s recent petition asking for the conditions of his plea deal either be enforced or that his plea be thrown out and his sentence vacated, calling it a “shameless and self-serving attempt to renege on his guilty plea and conviction…and to undermine the lawful prosecution of Michelle Bond.

The day prosecutors indicted Bond, Salame’s lawyers filed a petition with the court alleging that “the Government failed to honor its implied commitment not to pursue the campaign-finance charges against Bond.”

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